€ 8 000 000

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

80 bedrooms Commercial property in Limassol, Cyprus No. 57361

Bedrooms

Parameters

Property Description

For sale off-plan, this modern apartment building in Agia Fyla presents an exceptional investment opportunity. Designed for comfort and functionality, the development will feature a total of 80 bedrooms spread across spacious units. Each apartment benefits from a generous internal space, maximizing natural light and flexibility for a variety of living arrangements.

The building sits on a large plot and will be completed in 2028, offering the latest in construction standards. Residents will enjoy luxury conveniences such as a central AC system, underfloor heating, and an elevator for easy access throughout the property. A fully equipped gym and a secure gated complex add to the sense of community and privacy. Secure basement parking is also available.

Agia Fyla is known for its blend of quiet residential streets and accessibility. It is ideally located close to the highway, making commuting easy, and is just minutes from local amenities such as shops, cafes, and schools. The area is increasingly popular with families and professionals seeking both tranquility and convenience.

This unique property is exclusively available with Purple International Real Estate. Contact us today for more information about this modern off-plan opportunity in Agia Fyla.